TukTuk Finance — a DeFi Yield Farming and Staking platform, powered by Binance Chain and benefiting from the Tuk Tuk Token.
Contents:
About TukTuk Finance
TukTuk Finance — a stronger upgrade to TukTuk Space on Binance Smart Chain (BSC) with the new algorithmic stablecoin ttUSD, a farm, as well as many products like Gachapon, DeFi Market Place. When you stake your LP tokens on TukTuk farms, you receive a trading commission reward for providing liquidity.
As collateral, 75% of BUSD will be held in a vault to invest with BUSD Lending on low-risk DeFi platforms such as Alpaca, Venus, etc.
After collecting rewards, you will receive the following bonuses:
| 30% | Your rewards will go back to your wallet immediately. |
| 70% | The remaining rewards must be split by 7 days, and the remaining reward is extended to 7 days each time the reward is collected again. |
ttUSD is an algorithmic stablecoin with an equivalent value of $ 1. It is an algorithm that allows people to arbitrate through minting and redemption to peg the price to $ 1. TtUSD is the ratio between BUSD 90% and 10% TUK. The ttUSD mechanism does not burn / mint the control token, but blocks it, so the total number of Tuk remains the same.
What else should you know?
There is no WhitePaper on the site. Instead, another introductory document is available. It contains information about the project, which will help beginners to get comfortable and get started. Future updates are in the RoadMap section.
From social networks, the community leads:
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